What percentage of people rent in Holly Township, MI?
20.3% (±5.9 points) of the occupied homes in Holly Township, MI are rented (2020–2024 American Community Survey).
That is 1,014 renting households against 3,971 that own their home.
In Holly Township, the share of households that rent went from 22.1% in 2015–2019 to 20.3% in 2020–2024 (−1.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.3% (±5.9 points)
- Renting households
- 1,014 (±342)
- Median renter income
- $58,750 (±$28,044)
Who rents and who owns in Holly Township
| Holly Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.3% (±5.9 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 1,014 (±342) | 144,960 (±2,325) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 3,971 (±268) | 385,500 (±2,513) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.2 (±0.6) | 1.9 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $58,750 (±$28,044) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median owner household income | $87,061 (±$10,692) | $118,600 (±$1,461) | $87,130 (±$344) | $100,009 |
In Holly Township, the renter share is lower than in Oakland County (27.3%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Oakland County, Holly Township ranks 24 of 50 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 369 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Holly Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.1% (±4.6 points) | 20.3% (±5.9 points) | −1.8 percentage points | Not a measurable change |
| Median gross rent | $839 (±$145) | $997 (±$206) | +18.8% | No measurable change after inflation |
| Median household income | $63,872 (±$5,825) | $75,276 (±$14,600) | +17.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Holly Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Holly Township | — | 20.3% (±5.9 points) | — |
| Lake Fenton | 4.3 mi | 12.6% (±4.2 points) | Lower |
| Fenton | 5.1 mi | 36.9% (±3.8 points) | Higher |
| Grand Blanc Charter Township | 5.6 mi | 29.6% (±3.0 points) | Higher |
| Groveland Township | 6.0 mi | 10.6% (±4.7 points) | Lower |
| Fenton Charter Township | 6.3 mi | 8.1% (±2.0 points) | Lower |
| Rose Township (Oakland County) | 6.4 mi | 3.4% (±2.3 points) | Lower |
| Grand Blanc | 6.8 mi | 40.4% (±6.7 points) | Higher |
| Goodrich | 7.8 mi | 6.8% (±2.5 points) | Lower |
Nearby places with a measurably lower figure: Lake Fenton, MI (12.6%), Groveland Township, MI (10.6%), Fenton Charter Township, MI (8.1%).
Nearby places with a measurably higher figure: Fenton, MI (36.9%), Grand Blanc Charter Township, MI (29.6%), Grand Blanc, MI (40.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Oakland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 18 | Troy | 26.7% (±1.5 points) |
| 19 | Clawson | 24.6% (±3.4 points) |
| 20 | Waterford Charter Township | 24.2% (±1.6 points) |
| 21 | Rochester Hills | 23.3% (±1.7 points) |
| 22 | Birmingham | 22.9% (±3.3 points) |
| 23 | Independence Charter Township | 20.6% (±3.2 points) |
| 24 | Holly Township | 20.3% (±5.9 points) |
| 25 | South Lyon | 18.8% (±3.6 points) |
| 26 | Sylvan Lake | 18.5% (±6.9 points) |
| 27 | Orion Charter Township | 17.5% (±2.1 points) |
| 28 | Springfield Charter Township | 17.0% (±5.5 points) |
| 29 | West Bloomfield Charter Township | 16.4% (±1.8 points) |
| 30 | Milford Charter Township | 15.3% (±3.0 points) |
Showing 13 of 50 places in Oakland County, ranked from highest to lowest.
The figures for Holly Township include the places inside it that have pages of their own: Holly.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Holly Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Holly Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Holly Township beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Holly Township, and send estimates and invoices from your phone.
Questions about Holly Township
How many renters are there in Holly Township?
Holly Township has an estimated 1,014 (±342) renting households, 20.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Holly Township?
In Holly Township, the share of households that rent went from 22.1% in 2015–2019 to 20.3% in 2020–2024 (−1.8 percentage points), not a measurable change.
How big are renting households in Holly Township?
A renting household in Holly Township has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Holly Township?
The median renting household in Holly Township, MI has an income of $58,750 (±$28,044) a year, against $87,061 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Holly township, Oakland County, Michigan (county subdivision:38720, in state:26 county:125).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Holly Township at a glance
- Median rent in Holly Township
- Rent by bedrooms in Holly Township
- Rent burden in Holly Township
- Income and affordability in Holly Township
- Home values in Holly Township
- Homeowner costs in Holly Township
- Property taxes in Holly Township
- Types of homes in Holly Township
- Bedrooms in Holly Township
- Age of homes in Holly Township
- Vacancy rate in Holly Township
- Heating fuel in Holly Township
- Commute and cars in Holly Township
- Population growth in Holly Township
- How long people stay in Holly Township
- Crowding and facilities in Holly Township
- Fair Market Rent in Holly Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan